XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 3 Months Ended
May 31, 2025
May 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 484,985 $ 330,837
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 153,723 158,491
Stock-based compensation expense 75,163 54,231
Inventory reserve 98,585 11,839
Unrealized loss/(gain) on marketable securities 21,923 (10,361)
Deferred income tax benefit, net (143,356) (142,780)
(Decrease) Increase in:    
Accounts receivable (748,916) 69,129
Inventories (373,515) (269,227)
Prepaid expenses and other assets (30,562) 59,135
Accounts payable (159,011) (28,965)
Accrued expenses 129,444 (27,678)
Customer deposits (123,351) (79,890)
Income taxes payable (307,405) 203,203
Net Cash (Used in) Provided by Operating Activities (922,293) 327,964
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment, furnishings and leasehold improvements (52,249) (32,972)
Sale of marketable securities 1,364,134 5,211,058
Purchase of marketable securities (649,435) (5,238,829)
Net Cash Provided by (Used in) Investing Activities 662,450 (60,743)
CASH FLOWS FROM FINANCING ACTIVITIES    
Purchase of treasury stock (79,479)
Net Cash Used in Financing Activities (79,479)
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (339,322) 267,221
CASH AND CASH EQUIVALENTS:    
Beginning of period 5,202,361 2,134,786
End of period 4,863,039 2,402,007
Supplemental Cash Flow Disclosure:    
Interest Paid
Income Taxes Paid $ 569,319